Ford shares drop as supply snags and costs hurt profit forecast 

Business & Finance

Reuters was nearly a minute ahead on Ford lowering its annual profit guidance, blaming supplier disruptions and warranty costs amid a global price war fueled by overcapacity. The news sent the automaker’s shares skidding 5% after-market on Monday, and as much as 6% premarket on Tuesday. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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